S&p global ratings of freedom holding corp. subsidiaries downgraded in wake of russia-ukraine conflict

Almaty, kazakhstan / accesswire / march 17, 2022 / freedom holding corp. (nasdaq:frhc) (the "company," "we" or "our") today announced that s&p global ratings ("s&p") has lowered its long-term issuer credit ratings on company subsidiaries freedom finance jsc, bank freedom finance kazakhstan, jsc, freedom finance global, plc, and freedom finance europe ltd. to "b-" from "b" and lowered the rating of investment company freedom finance, llc to "ccc-" from "b".
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